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East Central Reporter

Saturday, April 20, 2024

Palestine home prices fall in February 2018

Realestate5

The median sale price of a home sold in February 2018 in Palestine fell by $121,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In February 2018, there were two homes sold, with a median sale price of $55,500 - a 68.6% decrease over the $177,000 median sale price for the same period of the previous year. There were three homes sold in Palestine in February 2017.

The median sales tax in Palestine for the most recent year with available data, 2016, was $1,137, approximately 2% of the median home sale price for February 2018.

The following table compares Palestine to other Crawford County cities in February 2018:

CityFeb. 2018 Home SalesFeb. 2017 Home Sales% change (Total Home Sales)Feb. 2018 Median Sales PriceFeb. 2017 Median Sales Price% change (Median Sales Price)
Robinson10911.1%$67,500$80,000-15.6%
Palestine23-33.3%$55,500$177,000-68.6%
Oblong12-50%$15,000$73,750-79.7%
Annapolis10-$1,500$0-
Hutsonville02-100%$0$92,950-100%
Flat Rock01-100%$0$11,000-100%

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